Terveystalo expands its rehabilitation services by acquiring Suomen Fysiogeriatria Oy and its subsidiaries
Terveystalo Press Release 4 April 2022
Terveystalo acquires Suomen Fysiogeriatria Oy, which provides physiotherapy and occupational therapy, and its subsidiaries; toi.minna Oy, Mimmin terapia Oy and Aktiivi-Fysioterapia Tampere Oy, with an agreement dated on 31 March 2022.
Fysiogeriatria Oy is a Finnish pioneer and forerunner in the rehabilitation of the elderly people and treating patients with dementia. The Group offers specialized physiotherapy, preventive and rehabilitative physiotherapy as well as occupational therapy services. The Group employs 40 occupational therapists and 100 physiotherapists, the majority of whom are specialists in geriatric physiotherapy. The Group provides services to the private, public and third sectors and the combined revenue in 2021 was EUR 6 million. The acquisition supports Terveystalo's goal to strengthen its service portfolio in growing specialties, including various rehabilitation and therapy services.
“We warmly welcome the staff of Suomen Fysiogeriatria and its subsidiaries to Terveystalo. Together we are able to provide high quality services to more customers as our geographical coverage takes a leap forward. We gain expertise and experience in occupational and physiotherapy services, holistic rehabilitation as well as geriatric rehabilitation, strengthening our offering in these focus areas. Therapy and rehabilitation services are one of Terveystalo’s strategic focus areas where we aim to grow,” says Petri Keksi Terveystalo's Senior Vice President of Growth Businesses.
“Throughout our history, we have worked together with our therapists to boldly develop the rehabilitation industry and act as an innovative pioneer of rehabilitation and therapy services. Together with Terveystalo, we are at the forefront of developing the quality and effectiveness of rehabilitation and therapy care, as well as the quality of life of Finns. Terveystalo's extensive network of experts and clinics supports our operations and offers our therapists new opportunities to work in multi-professional teams and to expand our operations nationwide. Evidence-based treatment is important for both Terveystalo and Fysiogeriatria in everything we do. We see rehabilitation and therapy services as a key part of the value-based social and healthcare of the future. It is a pleasure to start building the future together with Terveystalo's professionals,” says Katja Sohlberg, Chairman of the Board of Suomen Fysiogeriatria Oy and the company's main owner.
All employees of the company will transfer to Terveystalo as former employees and operations will continue in the current premises.
For further information, please contact:
Petri Keksi, Director of Growth Business, Terveystalo Plc, +358 40 730 8188
Katja Sohlberg, Chairman of the Board, Suomen Fysiogeriatria Oy, +358 50 511 5050
Terveystalo in brief
Terveystalo is the largest private health care service provider in Finland in terms of revenue and network. Terveystalo is also a leading occupational health provider in the Nordic region. We offer a wide variety of primary health care, specialized care, and well-being services for corporate and private customers and the public sector. Terveystalo' s digital services are available 24/7, regardless of time and place. Health and well-being services are also provided by Terveystalo' s over 360 clinics across Finland. In Sweden, we offer occupational health services at 120 clinics. Terveystalo is listed on the Helsinki Stock Exchange and has a predominantly Finnish ownership.
In 2021, Terveystalo had approximately 1.3 million individual customers in Finland and the number of customer appointments was approximately 8 million, with more than a quarter of these taking place via remote channels. Terveystalo employs over 15,500 healthcare and well-being professionals. Terveystalo is a Key Flag company and member of Association for Finnish Work. www.terveystalo.com